Pedestrians pass painted boards covering the outside of a store during renovations in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians pass painted boards covering the outside of a store during renovations in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian uses the handset of a payphone operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian uses the handset of a payphone operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians use mobile phones as they stand near public payphones operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians use mobile phones as they stand near public payphones operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Borsa Italiana, Italy's stock exchange, is reflected on the glass of a public telephone booth operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Borsa Italiana, Italy's stock exchange, is reflected on the glass of a public telephone booth operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits on a public telephone booth operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits on a public telephone booth operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Telecom Italia SpA logo sits on a sign indentifying the location of public pay-telephones in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Telecom Italia SpA logo sits on a sign indentifying the location of public pay-telephones in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Telecom Italia SpA logo sits above the digital display of a payphone in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

The Telecom Italia SpA logo sits above the digital display of a payphone in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A payphone operated by Telecom Italia SpA is seen inside a public telephone booth in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A payphone operated by Telecom Italia SpA is seen inside a public telephone booth in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits on a wall outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits on a wall outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits above the entrance to a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A logo sits above the entrance to a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians pass a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians pass a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian is reflected in the window of a TIM store, the mobile unit of Telecom Italia SpA, as she uses her mobile phone in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian is reflected in the window of a TIM store, the mobile unit of Telecom Italia SpA, as she uses her mobile phone in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrians speaks on a mobile phone as she passes public payphones operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrians speaks on a mobile phone as she passes public payphones operated by Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians uses mobile phones as they sit outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Pedestrians uses mobile phones as they sit outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian uses a mobile phone outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

A pedestrian uses a mobile phone outside a TIM store, the mobile unit of Telecom Italia SpA, in Milan, Italy, on Tuesday, Nov. 20, 2012. Telecom Italia SpA said it is still reviewing the possible spinoff of its fixed-line network and the company's board will discuss the outcome of its analysis on Dec. 6. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images